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India Forms Task Force To Revive Formula 1 By 2028

India Forms Task Force To Revive Formula 1 By 2028
Govt Constitutes Task Force To Bring Back Formula 1 To India · deccanchronicle.com

India wants to find out whether Formula 1 racing can return to the country.

Sports Minister Mansukh Mandaviya has created a task force to study the idea.

The group hopes to make a plan for holding a race as early as 2028.

It will examine taxes, roads and facilities, operating needs and other problems.

Officials from several government departments and two state governments will take part.

Racing organizations and representatives from two Indian circuits will also be consulted.

India last held a Formula 1 race in 2013 at Buddh International Circuit.

The earlier races stopped after bureaucratic and taxation problems, while the new group will also study tourism, investment and economic benefits.

Key facts

Task force chair
Yugal Kishore Joshi, Programme Director at NITI Aayog
Target return
A possible Formula 1 race in 2028
Committee size
The first report describes it as a 10-member task force; the government announcement also lists additional representatives and allows members to be co-opted.
Potential venue
Buddh International Circuit in Greater Noida
Previous Indian Grand Prix
Held at Buddh International Circuit from 2011 to 2013
Past winner
Sebastian Vettel won all three Indian Grand Prix editions for Red Bull Racing.
Key challenges
Taxation, bureaucracy, infrastructure, operational requirements and the need for a coordinated policy framework

Quotes

Mansukh Mandaviya

India's Sports Minister

“The Terms of reference if this committee are suggesting comprehensive ways for sustainable growth of motorsports in India, a holistic coordinated roadmap for revival of Formula One so that we can host a race in 2028.”
rediff.com

Sources

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